Global Finance News
25 Jun 2025, 20:06
Paychex Reports Q4 & FY 2025 Results, Completes Paycor Acquisition
Key Q4 Results (Ended May 31, 2025):
• Revenue: $1.43B (+10% YoY)
• Adjusted Operating Income: $577M (+11%)
• Adjusted EPS: $1.19 (+6%)
• GAAP EPS: $0.82 (−22%) due to acquisition-related costs
• Operating Margin: 30.2% (down from 37.2%), but adjusted margin held at 40.4%
Full-Year 2025 Highlights:
• Revenue: $5.57B (+6%)
• Adjusted Operating Income: $2.37B (+7%)
• Adjusted EPS: $4.98 (+6%)
• GAAP EPS: $4.58 (−2%)
• Cash Flow from Operations: $2.0B
Major Developments:
• Completed Paycor acquisition, expanding Paychex’s reach and capabilities in human capital management (HCM)
• Integration progress contributed to growth but also increased costs
• Excluding Paycor, Management Solutions grew ~3% and adjusted operating margin expanded ~110 basis points
Outlook:
Paychex expects continued momentum in fiscal 2026, supported by integration synergies from Paycor, ongoing investments in AI, and strengthened customer experience platforms.
Key Q4 Results (Ended May 31, 2025):
• Revenue: $1.43B (+10% YoY)
• Adjusted Operating Income: $577M (+11%)
• Adjusted EPS: $1.19 (+6%)
• GAAP EPS: $0.82 (−22%) due to acquisition-related costs
• Operating Margin: 30.2% (down from 37.2%), but adjusted margin held at 40.4%
Full-Year 2025 Highlights:
• Revenue: $5.57B (+6%)
• Adjusted Operating Income: $2.37B (+7%)
• Adjusted EPS: $4.98 (+6%)
• GAAP EPS: $4.58 (−2%)
• Cash Flow from Operations: $2.0B
Major Developments:
• Completed Paycor acquisition, expanding Paychex’s reach and capabilities in human capital management (HCM)
• Integration progress contributed to growth but also increased costs
• Excluding Paycor, Management Solutions grew ~3% and adjusted operating margin expanded ~110 basis points
Outlook:
Paychex expects continued momentum in fiscal 2026, supported by integration synergies from Paycor, ongoing investments in AI, and strengthened customer experience platforms.